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Spacetalk Ltd Expands Share Base to Bolster Growth

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Spacetalk Ltd Expands Share Base to Bolster Growth

SPACETALK Limited ( (AU:SPA) ) has issued an update.

Spacetalk Ltd has issued 9,035,715 fully paid ordinary shares to institutional and wholesale investors without a disclosure document, in compliance with the Corporations Act. This strategic move aims to strengthen the company’s financial position and support its growth initiatives, potentially impacting its market presence and stakeholder interests positively.

More about SPACETALK Limited

Spacetalk Ltd (ASX: SPA) is a company that develops and sells hardware and software focused on safety solutions for all life stages. Their product lineup includes Australia’s best-selling Kids Smart Watches, Spacetalk Mobile, Spacetalk App, and Adult Wearables, all designed to provide freedom with peace of mind.

YTD Price Performance: 2.20%

Average Trading Volume: 2,825

Technical Sentiment Signal: Strong Buy

Current Market Cap: €6.53M

Learn more about SPA stock on TipRanks’ Stock Analysis page.

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